The Greedy Trader Weekly Analysis
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Number of records: 10
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Uptrend Exhaustion
Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.
Stock trend chart following long term trend analysis and trend following indicator.
trend following,stock trend chart,trend following indicator,following long term trend
iShares MSCI Germany Index
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Summary:
Weekly :Broken trend support lineLane's Stochastic is overboughtStochastic has declined below the signal line
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger BandsPrice is close to the 50 Day Moving Average
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It was the negative week for the iShares MSCI Germany Index (EWG). During the week, the EWG dropped -0.65 points, or -1.95%, and closed at 32.74 on Friday, November 10, 2017. It was the worst weekly loss since August 11, 2017. Weekly volume was -17% below average.

Long-term trend: [See EWG long-term trend chart]
A long-term uptrend had started on June 27, 2016 at 22.51 and reached 33.50 on November 2, 2017. EWG gained -10.99 points, or -48.82%, in 70 weeks. The price is now at the 6.92% retracement level.

Medium-term trend: [See EWG medium-term trend chart]
A medium-term uptrend had started on August 10, 2017 at 30.18 and reached 33.50 on November 2, 2017. EWG gained -3.32 points, or -11.00%, in 12 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (32.91) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See EWG weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since September 29, 2017. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See EWG short-term trend chart]
A short-term downtrend had started on November 2, 2017 at 33.50 and reached 32.63 on November 9, 2017. EWG lost 0.87 points, or 2.60%, in 7 days. The price is now at the 12.64% retracement level.

Daily Technical Indicators: [See EWG daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.33
Williams' Percentage Range (W%R) 74.50
Lane's Stochastic (%D-Slow) 46.55
Greed/Fear Indicator (GFI) 42.46
Moving Average Converg./Diverg. (MACD) 0.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.22
Williams' Percentage Range (W%R) 21.30
Lane's Stochastic (%D-Slow) 89.85
Overbought
Greed/Fear Indicator (GFI) 77.47
Moving Average Converg./Diverg. (MACD) 0.90
Trading Signals
Description Value Chart
Weekly Trendline Resistance 34.00
Parabolic System 33.52
Upper Bollinger Band 33.46
Weekly Stochastic Crossing 33.28
Daily Stochastic Crossing 32.95
20 Day Moving Average 32.92
Weekly Trendline Support 32.91
Price 32.74
50 Day Moving Average 32.42
Lower Bollinger Band 32.32
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 33.50
High Date 11/02/2017
Low 32.63
Low Date 11/09/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 34.00
Support 32.91
Low 30.18
Low Date 08/10/2017
High 33.50
High Date 11/02/2017
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.08
Low Date 06/30/2017
High 33.50
High Date 11/02/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 24.55
Low Date 12/01/2016
High 33.50
High Date 11/02/2017
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 22.51
Low Date 06/27/2016
High 33.50
High Date 11/02/2017
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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